Problem #6: We assume an index price of $900, a 5% effective 6-month interest rate, and premiums of $88.69 for the 1125- strike 6-month call and $60.59 for the 1125-strike 6-month put. Suppose that you buy the S&R index, buy a 1125-strike put, and borrow $925.31. (a) Compute the total payoff if the index price is $1050 at expiration. (b) Compute the total profit if the index price is $900 at expiration. answer correct to 2 decimals Problem #5(a): 1125.00 Correct Answer: 153.42 Your Mark: 0/2 answer correct to 2 decimals Problem #5(b): 187.95 Correct Answer: 116.38 Your Mark: 0/3